Bitcoinlong
BTC Surpasses SMA 100 – Time to Go Long and Aim for $45k! I couldn't contain my excitement any longer, so I had to drop you a line and share the good news: BTC has successfully crossed above the SMA 100! 🚀
Now, before we dive into the details, let's take a moment to celebrate this significant milestone together. 🎉 It's moments like these that remind us why we love being a part of the crypto community – the thrill of witnessing the market's growth and the opportunities it presents.
So, what does this mean for all of us? Well, my friends, it's a clear indication that the trend is strongly in favor of BTC's upward movement. The SMA 100 is a widely followed technical indicator, and BTC's triumphant rise above it signifies a potential bullish trend ahead.
Now, here comes the exciting part – the next target for BTC is set at an impressive $45,000! 🎯 This implies that there is still a considerable upside potential for those who decide to go long on BTC at this stage. The market is showing promising signs, and it's time to seize this opportunity for potential gains.
I encourage you all to consider taking a long position on BTC, capitalizing on this upward momentum. Remember, timing is key, and this could be an excellent chance to ride the wave as BTC continues its ascent towards new heights. 🌟
As always, please ensure that you conduct thorough research and analysis before making any investment decisions. Markets can be unpredictable, and it's essential to stay informed and make informed choices.
If you have any questions or would like to discuss this further, I'm here to help. Feel free to reach out to me via a comment below, and let's navigate this exciting journey together.
Wishing you all a fantastic trading experience ahead!
P.S. Don't miss out on this golden opportunity! Grab your chance to go long on BTC and aim for that $45k target! Stay ahead of the game and make the most of this bullish trend. Happy trading! 📈🚀
Power of BTC: A Game-Changer in the Era of Gold Manipulation I want to share with you an exhilarating opportunity that has the potential to revolutionize the way we perceive and invest in assets. Brace yourselves because Bitcoin (BTC) is here to challenge the age-old dominance of gold manipulation!
For decades, gold has been regarded as a haven investment, immune to market volatility and manipulation. However, recent events have exposed the dark side of this precious metal, leaving traders like us searching for a more reliable and transparent alternative. Enter BTC, the digital currency that has captured the hearts and minds of millions worldwide.
Why is BTC preferred over gold manipulation, you ask? Let me shed some light on this:
1. Transparency: Unlike gold, which is subject to manipulation by powerful entities, BTC operates on a decentralized blockchain network. Every transaction is recorded and verified by a network of computers, ensuring transparency and eliminating the possibility of manipulation.
2. Accessibility: Buying and selling gold often involves dealing with intermediaries, such as banks or brokers, which can be time-consuming and costly. BTC, on the other hand, can be easily traded on various cryptocurrency exchanges, providing instant access to a global market 24/7.
3. Limited Supply: Gold's value has historically relied on its scarcity, but BTC takes this concept to a whole new level. With a fixed supply of 21 million coins, Bitcoin's scarcity is mathematically predetermined, making it an attractive long-term investment opportunity.
Now, here comes the exciting part! I encourage you to seize this opportunity and consider long positions on BTC. The recent surge in institutional interest and adoption of cryptocurrency is a clear indicator of the growing trust and confidence in Bitcoin's potential. By embracing BTC, we can collectively challenge the traditional gold market and create a more transparent and fair trading environment.
So, what are you waiting for? Join the Bitcoin revolution today and unlock the true potential of your trading portfolio. Long BTC and be part of a movement that is reshaping the financial landscape!
If you have any questions or need assistance in navigating the world of cryptocurrency trading, feel free to reach out with a comment. Together, we can make a difference and pave the way for a brighter future.
I wish you exhilarating trades and abundant success!
Crypto Marketcap Ascending Triangle -MicroStrategy huge purchaseFacts:
In last 30 mays, 26 875 BTC was mined.
In same period, MicroStrategy has purchased 16 130 BTC.
Purchased amount equates to 60.0% of total Bitcoins mined in given time period.
Price action:
On above chart we can see that supply is drying up, hence higher lows.
Also, while expecting higher prices, nobody is willing to buy higher, resulting in same highs.
This combinations forms an ascending triangle, which is usually a bullish pattern.
Conclusion:
While smart money is buying big, dumb money is waiting for the dip to outsmart the smart money. Everyone wants the price to go higher without buying higher.
Eventually, when supply is exhausted, shorts will be liquidated, and dumb money will end up buying higher.
Trend is your friend, until the end. Only then he is your enemy.
🔄 BCH: Fractals of Accumulation, Manipulation and DistributionIn the intricate dance of market dynamics, Bitcoin Cash (BCH) appears to be orchestrating a familiar tune, following the classic pattern of accumulation, manipulation, and distribution. Understanding this cyclical behavior may provide valuable insights for traders navigating the BCH landscape.
Chart Analysis: Unraveling the Pattern
Accumulation Phase:
BCH has entered a phase of accumulation, characterized by sideways movement and the formation of a trading range between $177 and $270.
Accumulation suggests the gathering of positions by savvy investors, preparing for a potential upward move.
Manipulation Dynamics:
Historical patterns indicate that BCH often experiences manipulation after accumulating within a range.
Traders should be alert to sudden and unexpected price swings as manipulation unfolds.
Distribution Anticipation:
Following the manipulation phase, BCH typically enters a distribution phase, where accumulated positions are released.
This distribution could lead to a swift decline, potentially revisiting lower support levels.
Projected Scenario: A Cautious Path Forward
Range Trading: $177 to $270:
Traders may anticipate range-bound movements within the $177 to $270 zone as accumulation continues.
Establishing strategic positions within this range might be a prudent approach.
Manipulation Swings:
Be prepared for sudden and sharp price swings, indicating manipulation in progress.
Active risk management is crucial during these volatile periods.
Downside Potential: $160 Target:
In the event of manipulation leading to distribution, a potential downside target is around $160.
This level represents a historical support zone that could attract buying interest.
Upside Momentum: $370 Objective:
Upon completion of the distribution phase, a swift reversal and surge towards $370 may unfold.
This upward momentum could signal the start of a new bullish cycle.
Strategic Approach: Navigating the BCH Landscape
Range Trading Tactics:
Traders can capitalize on the range-bound nature of BCH by strategically entering and exiting positions within the $177 to $270 range.
Risk Mitigation During Manipulation:
In anticipation of manipulation, active risk management, including the use of stop-loss orders, is crucial to safeguarding capital.
Long-Term Perspective:
Long-term investors may view the accumulation phase as an opportunity to accumulate BCH at favorable prices, anticipating the potential for a significant upward move.
Conclusion: BCH's Symphonic Movement
As Bitcoin Cash (BCH) dances through its accumulation, manipulation, and distribution phases, traders and investors alike have the opportunity to decipher the symphony of market dynamics. By understanding and strategically responding to these phases, participants can navigate the BCH landscape with greater confidence.
🔄 Accumulation in Progress | 📉 Anticipating Manipulation | 🔄 Distribution Patterns
❗See related ideas below❗
Share your perspectives on Bitcoin Cash's market movements, contributing to a collaborative analysis that enhances the collective understanding of this digital asset. 💚🚀💚
2024 Bitcoin Possible Q1 RoadmapHere's a possible 2024 Q1 Roadmap of Bitcoin. (Not 100% sure of this what so ever, really going out on a limb on this)
But I do believe Q1 will be the best time to buy Bitcoin for the year of 2024. I am thinking around 30-32k will be the best buy area for BTC in 2024.
Just throwing this out in the realm of Bitcoin Ideas with the off chance that it is somewhat right.
STGUSDT Analysis: Unlocking the Potential for an Upward Surge**STGUSDT Analysis: Unlocking the Potential for an Upward Surge**
The current market scenario for STGUSDT presents compelling indicators hinting at a bullish trajectory. Priced at $0.5587, this cryptocurrency is positioned for potential gains, supported by several key factors.
1. Moving Averages Alignment: Observing the convergence of short-term and long-term moving averages, a bullish crossover indicates a positive shift in momentum. This alignment often precedes upward price movements.
2. Relative Strength Index (RSI): The RSI, currently at a moderate level, provides room for upward movement. This suggests that STGUSDT has not reached overbought conditions, leaving space for potential price appreciation.
3. Volume Analysis: An increase in trading volume during recent positive price movements adds weight to the bullish outlook. Elevated volume often accompanies sustained upward trends, indicating increased market participation.
4. Chart Patterns: Technical analysis reveals the formation of bullish chart patterns, such as ascending triangles or bullish flags, reinforcing the potential for an upward surge.
5. Market Sentiment: Positive sentiment in the cryptocurrency community, coupled with favorable fundamental developments, contributes to the overall positive outlook for STGUSDT.
Strategic Considerations:
Traders and investors may find this juncture opportune for considering long positions, capitalizing on the potential upward movement. However, prudent risk management remains crucial, as market conditions can evolve rapidly.
Conclusion:
In the dynamic world of cryptocurrencies, STGUSDT is poised for a potential bullish breakout. As always, market participants are advised to stay informed, adapt to changing conditions, and execute strategic decisions based on a comprehensive analysis of available indicators. #STGUSDT #CryptocurrencyAnalysis #BullishTrend
Can Bitcoin Hedge Against a Falling Dollar?Global inflation often signifies a weakening of global currencies. The question of whether Bitcoin can serve as a hedge against a depreciating dollar has gained significant interest among investors.
Or should it still be the Gold?
In this study, we will analyse the top 8 cryptocurrencies to determine which one is a more reliable currency hedge.
Bitcoin & Its Minimum Fluctuation
$5.00 per bitcoin = $25.00
BTIC: $1.00 per bitcoin = $5.00
Code: BTC
Micro Bitcoin & Its Minimum Fluctuation
$5.00 per bitcoin = $0.50
BTIC: $1.00 per bitcoin = $0.10
Code: MBT
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Amazing Unseen BTC Short Setup / Fake Breakout of WedgeThis Chart makes a lot more sense on the daily because the breakout on daily 1 candle
Daily Chart Here:
However the rejection and inability to clearly breakout of 41,639 made me want to post this as it could possibly be a fake breakout from the rising wedge on the daily chart.
I was positive if it hit 41.6K it sky rocket... but it doesn't look to be that way, but time will tell
Resistance 41.6K
Old Resistance - Wedge Line 39K ish follow the cahrt
Older Resistance - 37.9K
Spot Volume Drives BTC Rise – Time to Long!We are about to witness an exhilarating ride, and I don't want you to miss out on the opportunity to long BTC.
Spot Volume: The Driving Force behind Bitcoin's Rise
In recent weeks, Bitcoin's price surge has been primarily fueled by spot volume, which refers to the buying and selling of actual Bitcoin on cryptocurrency exchanges. This is a significant departure from previous rallies, where futures trading often played a more dominant role. Spot volume indicates a strong demand for Bitcoin from traders and investors who want to own the real asset, rather than just speculating on its future price movements.
Why is this important? Well, spot volume-driven rallies tend to be more sustainable and less prone to manipulation. They reflect genuine market sentiment and confidence in Bitcoin's long-term value. This shift signifies a maturing market and sets the stage for a potentially explosive upward trajectory.
`
Now, more than ever, it's crucial to seize this moment and position yourself for potential gains. The spot volume-driven rally indicates a growing belief in Bitcoin's value proposition and its ability to act as a store of value and hedge against inflation. This sentiment is shared by both institutional investors and retail traders alike, creating a perfect storm for Bitcoin's ascent.
So, what's the call-to-action? It's simple – long BTC! Take advantage of this exciting market trend by strategically entering long positions on Bitcoin. With spot volume driving the rise, you can have confidence in the market's support and the potential for sustained upward momentum.
Whether you're an experienced trader or just starting your crypto journey, this is an opportune time to capitalize on Bitcoin's rise. Remember, timing is crucial in the world of trading, and spotting trends early can lead to exceptional profits.
Don't Miss Out – Act Now!
The crypto market is buzzing with anticipation, and the time to act is now. Don't let this thrilling opportunity pass you by. Take advantage of the spot volume-driven rally and long BTC to potentially ride the wave of Bitcoin's rise.
Bitcoin Near-Term Price TargetFuelled by its imminent ETF approval, Bitcoin broke past resistance at $28,000 and has seemingly begun a new bull market. For those of you who got in on this move, myself included, I have identified what I think will be a temporary top and a good place to take profit within the next 1-2 months.
On the 1W timeframe we can see the cloud edge to edge trade is in progress and typically price will reach the flat line at the top of the cloud, which is at about $42,000. This level is the 50% fibonacci retracement of the previous bull market high in November 2021, and the bear market low in November 2022.
Additionally the level roughly coincides with the top of the monthly bollinger bands which will act as resistance. Of note is that the bollinger bands are in the process of squeezing together, which occurs prior to a high volatility move.
Once we hit the $42,000 area and the ETF approval is officially announced, I expect that there may be a sell the news event as we have already been pumping on the rumour. Then there will be sideways for a few months until the halving. New chart patterns will likely form during this period, which will provide an opportunity for re-entry and a continuation of the bull market.
I would be fibbing if I told you it wasn't going to $150k
ETF will have a sell the news
Halving will have a sell the news
Retail will enter in late 2024 when we push past old ATH
People will sell $100k early, and it will cruise through this level
Laser eyes will get greedy and focus on $200k
We will top out, and the cycle we restart
TOP AT OR ABOVE THE 2.618 extension on he weekly like every cycle
Shibe out!
[Watch] MARA versus Bitcoin 5️⃣7️⃣| Year to date:312,05%What's going on Team SKILLING:US100 : MARA
Avoid margins, and do not ask for money to buy your shares.
Let's all be better, get a 2nd job, and save money so you can invest in this opportunity.
I know there are other mining companies in the US, but Marathon Digital Holdings is still my favorite because I think they are making the effort to cut their energy expenses, and that matters the most when it comes to mining
BTCUSD
Let's congratulate the new Pine Wizards Tradingview in 2023.
They have many great tools to enhance your trading and maximize every opportunity.
Let me share the link with you:
www.tradingview.com
Until my next video...
Above All and All-in-All, God Bless America :)
J.R. Jaén
Risk Disclaimer:
1️⃣Past Performance is not indicative of any future performance.
2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything.
3️⃣I can and will have a position in MARA anytime because I like the stock and company.
4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others how they can gain exposure to Bitcoin without the need to in NASDAQ:MARA o invest 20,000 dollars immediately.
Bitcoin Peaks at $42,000 - What's Next? Bitcoin Peaks at $42,000 - What's Next?
In a new surge of momentum fueled by widespread optimism that the U.S. securities regulator may soon approve a spot bitcoin ETF, Bitcoin briefly surpassing $42,000 to reach a 20-month high.
There is a sense of optimism in the space regarding the potential approval of a bitcoin exchange-traded fund (ETF) by the U.S. securities regulator. Such approval would likely enable a new type of investor to enter the cryptocurrency market through the regulated stock exchange, leading to an influx of capital into the digital asset. In October, SEC Chair Gary Gensler alluded to the agency's consideration of up to 10 bitcoin ETF filings.
Additionally, falling inflation in the US is making higher-risk assets such as Bitcoin more attractive.
This sounds like a certain bullish environment, right? Well... nothing is certain in crypto so some downside projections might be appropriate to consider too. So, with that in mind, the gap on Sunday still needs to be filled, starting with approximate prices at $39,600 and $39,000.
BITCOIN REVERSAL RISING WEDGE - DONT MISS THISWhat is a Rising Wedge? What helps us look at it and confirm it?
✅ Upward Trend: The pattern typically forms during an upward price movement.
✅ Converging Trendlines: Both the support and resistance trendlines slope upwards, but they converge as the pattern matures.
✅ Volume: A declining volume accompanying the formation often strengthens the pattern's bearish signal.
✅ Breakout: Confirmation of the pattern occurs when the price breaks below the lower support trendline, where we short
I've been calling this reversal since November 17 on X
WHO AM I?
- New to chart here, but a20K Followers on X @dogdaddevan constantly posting
- MEXC Official Partner
- I bought ATL SHIB Nov 2020 (only vol that day) and sold early like a bozo.
Bitcoin LongBTCUSDT Chart Analysis
Data
The chart analysis was conducted using weekly charts of the BTCUSDT price from 2011 to the present.
Technical Analysis
A clear uptrend is visible on the weekly chart. The BTCUSDT price has risen in 2023. The resistance level of 32.000 was reached on Jul 2023, but not exceeded. Since then, the price has declined and has now stabilized in a sideways movement.
Big Cycle Analysis
A statistical analysis of BTCUSDT prices shows that there have been regular cycles in the past where the price has risen by 50% to 100%. These cycles typically lasted about 1.5 to 2 years.
The current uptrend began on Jan 2023, which is about 10 months ago. It is therefore possible that the BTCUSDT price will experience another rise in the next weeks.
Prediction
Based on the technical analysis and the cycle analysis, it is likely that the BTCUSDT price will continue to rise in the next weeks. The resistance level of 32.000 could be overcome this time, which could push the BTCUSDT price up to 36.000.
Probabilities
The probability of a further rise in the BTCUSDT price in the next 2 weeks is estimated to be 70%. The probability of a decline in the price is estimated to be 30%.
Risk Warning
It is important to note that any investment in cryptocurrencies carries a high risk. The predictions should therefore be understood as only indicative.
Visit our website for your trading edge! Discretionary and algorithmic trading is our day-to-day business.
BTC Shows Positive Awesome Oscillator and RSI Signals!I am thrilled to share with you some positive indicators that have recently emerged for Bitcoin (BTC), which may present a lucrative opportunity for potential gains.
Firstly, let's talk about the Awesome Oscillator (AO). It is a technical analysis tool that measures market momentum, specifically the difference between the 34-period and 5-period simple moving averages. The Awesome Oscillator for BTC has been displaying a remarkable upward trend, indicating a strong bullish momentum in the market. This is a positive sign for those considering entering a long position on BTC.
Moreover, the Relative Strength Index (RSI) is another powerful indicator that measures the speed and change of price movements. BTC's RSI has recently shown a significant surge, crossing the threshold into overbought territory. This suggests that the buying pressure has been consistently strong, potentially leading to further upward movement shortly.
With these positive signals from both the Awesome Oscillator and RSI, it's hard not to feel optimistic about the potential for BTC's price to continue its upward trajectory. As traders, we need to seize such opportunities when they arise.
Therefore, I encourage you to consider taking a long position on BTC currently. However, as always, it is crucial to conduct your own thorough analysis and risk assessment before making any trading decisions. Remember, the cryptocurrency market is highly volatile, and it's essential to stay informed and exercise caution.
If you're interested in exploring this opportunity further, I recommend keeping a close eye on BTC's price movements and monitoring any additional positive indicators that may emerge. Timing is key, so be sure to stay vigilant and act accordingly.
I hope this news brings a smile to your face and ignites a spark of excitement within you. Let's make the most of this potential opportunity and continue to navigate the cryptocurrency market with enthusiasm and positivity!
Wishing you happy trading and successful ventures ahead!